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What is amount for pension liability that should be reported

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Reference no: EM132809187

Larkspur Corporation has the following balances at December 31, 2017.

Projected benefit obligation  $2,766,000

Plan assets at fair value        2,173,000

Accumulated OCI (PSC)         1,160,000

Problem 1: What is the amount for pension liability that should be reported on Larkspur's balance sheet at December 31, 2017?

Reference no: EM132809187

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